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Pay Fixation of Ex-Servicemen Re-Employed in Public Sector Banks - AIBEA Circular

CIRCULAR LETTER NO. 27/51/2014/7                                 18th February, 2014


To All Office Bearers / State Federations /

All India Bankwise Organisations:

Dear Comrades, 

Reg:  Pay Fixation of Ex-Servicemen Re-Employed in Public Sector Banks

In the recent months there have been number of queries regarding the fixation of Pay for Ex-servicemen re-employed in our Banks.  Earlier, we had taken up the matter with the Government and consequently, the Grade Pay which was being ignored was clarified to be included while fixation of pay is done.  However, there have been other issues like Military Service Pay, etc. and hence once we had taken up the matter with the IBA and Government.  Recently, the IBA has given its detailed guidelines in consultation with the Government.  We furnish herein the IBA?s Circular in this regard along with their Guidelines and Government?s clarification.  Units are requested to take note of the same for guidance. 

With greetings,

Yours Comradely,


HDFC bank Employees Union 26th Conference massive success - Historic decision to give membership to CTC employees
New office Bearers:
President : Com. P P Varghese
Vice Presidents : Com. James
: Com. Prakasan
General Secretatry : Com. Rajendra Kumar
Secretary : Com. Sreeja Sreenivas
Organising Secretary : Com. S S Pillai
Treasurer : Com. S Y Shahin
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